Schedule of Cash Payments Excel Learning Systems Inc. was organized on September 30, 2016. Projected selling and administrative expenses for e operations are as follows: Depreciation, insurance, and property taxes represent $22,000 of the estimated monthly expenses. The annual insuranc September 30 , and property taxes for the year will be paid in June. The company expects that 69% of the remainder of month in which they are incurred, with the balance to be paid in the following month. Prepare a schedule indicating cash payments for selling and administrative expenses for October, November, and Dece